I consider the current situation a good opportunity for all producers to review their export strategies and try to find new markets. Minister of Economy Vahan Kerobyan announced in the Standing Committee on Economic Affairs of the National Assembly.
“From the point of view of any business, it is very logical that you can’t put all your eggs in one basket, you have to distribute sales evenly, even if selling in one direction requires less effort and more income, so that there is diversification,” he said.
According to him, most of our companies find it difficult to get out of the comfort zone, it is understandable that they do not want to expand from simple markets to markets that require more complex, deeper knowledge and experience, negotiation skills and standards.
“There are half-empty markets under our noses, such as Iraq or the Gulf countries, where exports can be developed easily,” he said and added that they are discussing introducing certain export support tools.
“For example, it is being discussed to introduce certain compensation tools for export logistics costs, we need to do it very quickly so that we can sell perishable goods in alternative markets, because in many cases we consider that the goods that are produced in RA can be sold in other We are working closely in the markets, even in the EU, to diversify,” he said.